Vibrant Gujarat Summit Day 1: From investments to PM Modi's address; key highlights from the global summit
Mohamed bin Zayed Al Nahyan addressed the Vibrant Gujarat Global Summit 2024 on Wednesday. The President's speech signified UAE's strong ties with India and PM Modi. Following his speech, the Prime Minister in a post on social media platform X, lauded the UAE President and said that his statements were very encouraging.
"India is proud of his ideas and efforts to strengthen India-UAE relations," PM Modi said. Mukesh Ambani praised PM Modi as the most successful prime minister in India's history and credited him for the transformation of Gujarat into the face of New India. “Our beloved leader who has emerged as the greatest global leader of our times," Mukesh Ambani said.
“No other summit of this kind has continued for 20 long years — and going from strength to strength. This is a tribute to our Prime Minister Shri Narendrabhai Modi’s vision and consistency," Mukesh Ambani said. Ambani also said that his company Reliance will set up India's first and world-class carbon fibre facility at Hazira.
DP World to build container terminal in Gujarat, the company's Chairman Sultan Ahmed bin Sulayem. Maruti Suzuki's President Toshihiro Suzuki also unveiled investment plans in the state. The company will invest ₹35,000 crore to set up its second manufacturing facility in Gujarat as it looks to ramp up annual production capacity to over 40 lakh units by 2030-31.
Toshihiro Suzuki disclosed plans for Suzuki Group to infuse ₹3200 Crore into Suzuki Motor Gujarat which aims to add a new production line, marking the fourth in total, with a capacity to manufacture 2.5 Lakh units per year. Gautam Adani announced ₹2 lakh crore investment in Gujarat, largely in building a green energy park that would be visible even from space. Mukesh Ambani
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